Metallurgy news
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UK extends anti-doping measures against cold-rolled products from Russia and China until 2026The UK Government has accepted the recommendation of the Remedies Authority (TRA) to extend existing anti-dumping orders (AD) on cold-rolled flat products from Russia and China for another five years until 5 August 2026. Current measures are likely to result in dumping and hurt British industry…
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Steel production in Italy fell in JulyAccording to statistics from the Federacciai Italian steel association, Italy's steel production in July this year was about 1.6 million tons, down 27% from the same month last year. During the reporting period, Italian long products production was 888,000 tons, down 30.5% year-on-year, while flat…
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Tata Steel signs a memorandum to set up a plant in Ludhianaata Steel has signed a Memorandum of Understanding (MoU) with the government of Punjab to set up a 0.75 Mtpa (MnTPA) long products plant with an electric arc furnace (EAF) using scrap. This new facility initiative in Kadiana Khurd, Hitech Valley, Ludhiana in Punjab is part of Tata Steel's…
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A third of China's steel mills could go bankrupt - Li GangpoChina's steel industry is entering a dangerous new era as a deepening real estate crisis threatens demand and Beijing's construction-driven growth model looks increasingly untenable. Nearly a third of China's steel mills could go bankrupt in a crisis likely to last five years, Li Gangpo, founder…
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British Primetals will supply the first EAF to the German company SalzgitterPrimetals Technologies, a UK-based engineering and construction company, plans to deliver the first electric arc furnace (EAF) for a low CO2 steel production project of German manufacturer Salzgitter, SALCOS. Salzgitter noted that the annual production capacity of the electric arc furnace will be…
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EDB provides financing to SSGPO of KazakhstanThe Eurasian Development Bank (EDB) has provided Kazakh iron ore miner Sokolov-Sarybai Mining and Production Association (SSGPO), a member of the Eurasian Group (ERG), with US$55 million in financing to develop the production of SSGPO export goods. EDB has been cooperating with ERG for a long time…
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EUROFER: Dim prospects for EU steel industry this yearThe European Steel Association (EUROFER) indicated that the performance of the EU steel industry in the first quarter of 2022 slowed compared to 2021, predicting a bleak outlook for European steel markets this year. The outlook for steel demand remains highly uncertain due to the ongoing energy…
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Brazil initiates investigation into imports of seamless steel pipes from China and RomaniaAccording to a statement from the Brazilian Secretariat of Foreign Trade (SECEX) dated August 22, 2022, Brazil initiated the fourth review of anti-dumping duties (AD) on imports of carbon steel seamless steel pipeline pipes from China and Romania based on an application filed by local steel pipe…
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Daily steel production in China increasedIn mid-August, daily crude steel production at China's key smelters was about 2 million tons, up 2.72% from early August. At the same time, the daily output of metal products amounted to 1.95 million tons, an increase of 0.17%. In addition, the stocks of metal products of China's key enterprise for…
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Global pig iron production declined in JulyAccording to statistics released by the World Steel Association (worldsteel), in July, global pig iron production was about 105 million tons, down 6.2% from the same month last year and down 5% from the previous month. In July alone, Asian production was 87.2 million tonnes, down 6.1%…
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